India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian electronic system design and manufacturing space, hosted the 1st edition of SPACETRONICS 2018 to facilitate discussion on Space technology and policies.
ISRO Technology Incubation Centre, Agartala was launched remotely by Biplab Kumar Deb, Chief Minister, Tripura in presence of Dr. K V Sivan, Chairman, ISRO ; Dr. A S Kiran Kumar, Former Chairman, ISRO ; Dr. P V Venkitakrishnan, Director, CBPO, ISRO ; Dr. H K Sharma, Director, NIT, Agartala ; Anil Kumar Muniswamy, Chairman IESA and MD, SLN Technologies and other dignitaries at the Inaugural session of SPACETRONICS 2018.
The inaugural session was graced by the presence of Biplab Kumar Deb, Chief Minister, Tripura as the Chief Guest. Sharing the stage was Dr. K Sivan, Chairman, ISRO; Dr. A S Kiran Kumar, Former Chairman, ISRO; Dr. P V Venkitakrishnan, Director, CBPO, ISRO; Dr. H K Sharma, Director, NIT, Agartala; Anil Kumar Muniswamy, Chairman IESA and MD, SLN Technologies, who addressed the audience on the necessity to focus on the unbridged talent pool, need for accelerating investment promotions, international alliances, start-up ecosystem and policy implementation to strengthen innovation and facilitate entrepreneurship in the Space Technology domain of the country.
SPACETRONICS 2018 is a leadership conclave for the Space Technology ecosystem attracting a powerful line-up of industry experts, thought leaders, policy makers, government officials, business and technology experts, entrepreneurs who shared their views and vision on the Space technology and policy as well as the trends, challenges, and opportunities shaping the Indian industry.
Anil Kumar Muniswamy, Chairman, IESA addressing the Summit said “With huge market opportunity related to the Space technology segment, the Indian ESDM industry is projected to see space technology related investment over the next 5 years. We believe that now is the time to build the future ecosystem to nurture innovation and entrepreneurship in the Space technology segment. SPACETRONICS is dedicated towards building the Space technology industry success by highlighting opportunity areas and addressing the challenges being faced. IESA is assisting ISRO in establishing Technologies Incubation Centres across the country and the first such Centre is starting at NIT Agartala in Tripura state. The objective of Technology incubation centres is to develop cutting edge technologies needed by the space sector and creation of IPs. This is going to be a great push towards Make in India”
Further, during the launch of ISRO Space Technology Incubation Centre, Dr. K Sivan, Chairman, ISRO said, “Given the availability of abundant talent in India, I am very excited about the tremendous opportunity we have, to accelerate the space related innovation and start-ups through this ISRO Space Technology Incubation Centre at National Institute of Technology (NIT), Agartala. ISRO is looking to incubate start-ups that would build applications; offer services and products which it can use internally and help them scale up so that these firms can exploit opportunities globally. We will work with multiple models for the incubators such as starting an incubator on own or engaging existing technology incubators to groom these start-ups under ISRO supervision. This facility with active support from the State Government of Tripura and IESA, the Ecosystem Partner will be a big boost for the process in every sense”
Biplab Kumar Deb, Chief Minister, Tripura said, “Tripura has been focusing to emerge as a prominent place in the Indian technology map nurturing innovation, entrepreneurship and invention. We have put in place policies and framework to ensure that the ecosystem is favourable to more partnerships, access to funds, ease of business, networking in the domestic and international market and more importantly, inculcating this new initiative - ISRO Space Technology Incubation Centre of the National Institute of Technology (NIT), Agartala. This is a kind of process to develop start-ups by ISRO and the government initiative of Transforming India. Along with the support of ISRO & IESA, we want to inculcate an ecosystem to propel the space and ESDM sector and encourage innovation not only in the state but in the rest of the country too”
The other key activities of the summit were ISRO workshop on “Avionics, Tracking & Telemetry, Satellite Components, Space Applications, Process Automation, Surveillance Systems, Vendor Registration process and much more” and keynote addresses by Yousef Khalilollahi, VP Core Vertical Markets, Xilinx Inc and by Rahul K Mathur, Director, TE Connectivity. A pledge drive by companies was also executed with ESSCI for the Skill India Campaign.
While early stage crypto investors have multiplied their investments, many people who have started a couple of months ago have suffered heavy losses in their crypto portfolios. Cryptoprofiler bridges the gap of investor protection framework between traditional investment world and crypto space, by transferring investor risk profiling into the latter. In addition, the product risk classification provides insights into market risk, liquidity risk and product risk of cryptocurrencies.
The beta solution provides a light version of the suitability assessment to determine investor’s knowledge, experience, risk capacity and risk tolerance. The more comprehensive and in-depth assessment will become shortly available to users in the login area. Learning resources covering crypto risks and behavioral biases are aimed to enhance investor understanding of the dynamic crypto market. The latest feature is a portfolio risk analysis tool with alert function.
Aside from clearly risk focused approach, users are welcome to plugin with their Twitter account to unleash their potential topics of interest in crypto space with the help of Cryptoprofiler proprietary algorithm as well as to get an insight into public opinion of certain cryptocurrencies through social sentiment analysis.
While various platforms are providing data about cryptocurrencies, Cryptoprofiler is the first provider leveraging banking-grade investor risk profiling to focus on the investor as individual and providing actionable insights. Enhanced risk metrics about cryptocurrencies and comparison function are saving time for investment research and empower better investment decisions.
KnowledgeHut is a fast-growing Management Consulting and Training firm that is a source of Intelligent Information support for businesses and professionals across the globe. Established in July 2011, as a start-up with shoe string budget of INR.Rs 8 lakhs only, KnowledgeHut has grown from the dreams and aspirations of its three founders, Madarapu Nagaraju, M. Subramanyam Reddy and Manjunath V.
Today, KnowledgeHut is one of the largest training institutes in the country and is fast expanding its global presence. At present training is carried out in over 70 countries; with operations overseen by the Bangalore office. At present training The institute provides Professional Certification Training, Customized Coaching, and Consulting that help to lead businesses to the next level, and achieve higher business growth and profitability. KnowledgeHut offers comprehensive training in programs that include PMP, Agile and Scrum, Digital Marketing, MS Project, Hadoop, CompTIA Cloud Computing, PRINCE2 and many more sought-after professional courses.
KnowledgeHut imparts Training through flexible delivery modes-Classroom training, on-site, and Online Training (E-learning and Instructor-led Online Classroom Training). KnowledgeHut follows the Global Blended Model Approach (GBMA) in their classroom training. Their e-learning is provided through the KnowledgeHut LMS which is SCROM1.2 compliant.
Within a short span of four years since inception, KnowledgeHut has delivered insight to approximately 50,000+ employees in 70+ countries across industries that range from Information Technology and Services, Financial Services, Insurance, and Banking to Sales & Marketing, Computer Software, Computer Hardware, Construction, Healthcare, Infrastructure, Management, Consulting, and Retail. Their clients include HP, WIPRO, Accenture, IBM, Coca Cola, Boeing, Dell and HSBC to name a few.
Polaris India Private Limited has opened another branch of 'Dirt Mania Adventure' zone at Nandi Hills near Bengaluru. This is the 84th Polaris Experience Zone (PEZ) in India, where enthusiasts can come and experience off-roading challenges on Polaris ATVs (all-terrain vehicles). Infact, Dirt Mania Adventure has partnered with the Hip Café Hangout, located on the foothills of Nandi and opened a one-stop destination for all enthusiasts looking for adventure and thrill.
The PEZ offers visitors the thrill and exhilaration of Polaris vehicles on a dirt track with slush pits, water holes, humps, sand and stones. Polaris says that PEZ ensures adrenaline-pumping action and a fun-filled itinerary for visitors from all age groups. This is second of Dirt Mania Adventure in Bengaluru after the Kanakpura branch opened some time ago.
"The addition of another PEZ in Bengaluru consolidates our position in the state of Karnataka," said Pankaj Dubey, Managing Director and Country Head, Polaris India Pvt Ltd. "The beauty of India is still uncaptured and we offer the unmatched expereince to adventure and sports enthusiasts. It not only acts as an arena for people to experience an off-road riding adventure, but also provides a business opportunity to entrepreneurs, amusement park owners and corporates looking for adventure close to the city."
Commenting on the occasion, Jayaraman Parameswaran, Co-found Co-founder, Dirt Mania Adventure, said, "The off-roading cul lture in the region has grown and the opening of another branch of Dirt Mania Adventure is a strategic move to cater people living in different parts of Bengaluru."
He adds that the new facility will be catering to all levels of off-road enthusiasts, ensuring high levels of fun and adventure quotients. Also several madels of Polaris ATVs are available at the new PEZ.
Polaris India also has 83 other such PEZ spread all over India and growing at about 15 percent annually to reach out to people and in turn give the participants a chance to experience the off-road riding experience within their city. It's off-road vehicles are widely used in sectors such as defence, paramilitary forces, agriculture, entertainment and tourism, among others across the country.
Hospitality firm OYO said it has forayed into the United Kingdom and intends to invest GBP 40 million (approximately Rs 382.93 crore) for its expansion in the country.
This is the company’s first market beyond Asia, OYO said in a statement. The company plans to invest GBP 40 million into the UK market and looks to launch in 10 cities in UK including Manchester, Birmingham, Glasgow and Edinburgh by 2020, it added.
Commenting on the development, OYO Founder and CEO Ritesh Agarwal said, “Driven by its booming domestic and international travel and budget hospitality needs, the UK presents a multi-billion dollar opportunity for OYO.”
The company is thrilled to now be able to offer its affordable, hassle-free and quality living experiences to guests across the UK and to be empowering the UK independent hoteliers with the technology and operational expertise that helps them focus on customer experience and thereby generate increased, sustainable incomes, he added. The UK business will be led by British entrepreneur Jeremy Sanders, who co-founded the British restaurant chain, Coco di Mama, the statement said.
Shriram Life Insurance Company, the life insurance arm of financial services conglomerate, Shriram Group has bagged the 3rd Edition of India’s greatest brands and Leaders for the year 2017-18 in recognition of the contribution of distribution of life insurance in non-urban markets in India. On behalf of Shriram Life, the awards were received by Manoj Jain, Managing Director and Arvind Shivhare Executive Director- Direct Channel & Dr R Radhakrishnan, Chief Marketing Officer, Shriram Life Insurance in an awards ceremony held recently at Mumbai in the Pride of the Nation Series Awards organized by URS-Asia One magazine and URS Media Consulting – process reviewers Pricewaterhouse Coopers P.L.
Shriram Life Insurance focuses on the common customer segment with over 50% of its policies sourced from the rural area and a significant chunk from the tier II and III towns. Shriram Life works with the purpose of providing life cover to these families that are most vulnerable to financial catastrophe due to untimely loss of a breadwinner. The company has been engaged spreading the protection net to the masses, with special focus on financial inclusion for the segment that is generally ignored by the mainstream players. To cater to this group, the company has unique distribution processes and products.
On this occasion Manoj Jain, Managing Director, Shriram Life Insurance said,
“It is indeed a proud moment for us at Shriram Life Insurance. We strive for Inclusive growth by taking life insurance -The 'AAM AADMI' (Common Man) and this award reinforces the commitment of the company to reach out to the masses”.
Rajat Shukal, Global Head & Principal Partner of URS Media Consulting P.L. and AsiaOne Magazine, said, “Pride of the Nation Series Awards & Business Summit; Celebrating 71, India’s 71 Years of Independence, and 3rd Edition – India’s Greatest Brands & Leaders 2017-18 have proved to be a milestone in creating an unprecedented platform through Asian Business & Social Forum to address the pressing business and social causes of the world. India’s Greatest Brands & Leaders 2017-18 is also instrumental in bringing Iconic, Powerful, and Emerging brands and leaders of India on a common platform to discuss issues and potentials relevant to their respective strategic decisions, thereby innovatively unfolding a permeable screen of unprecedented mutual learning and growth. No other organization does that in India currently.”
Two years after the successful introduction of Fare Choices, Jet Airways - India’s premier international airline has announced further enhancements.
Fare Choices as the name suggests, is Jet Airways’ flexible, tier-based, fare-choice system that empowers our guests to customize their travel experience with the airline by choosing their preferred fare and a carefully tailored service experience comprising of benefits that they would most value as per their travel need.
The revised offering under Fare Choices will now allow guests to enjoy more value for money, by letting them choose a travel plan based on their preference, travel requirements and budget.
Currently Fare Choices in Economy offers a total of five fare options viz. ‘Light’, ‘Deal’, ‘Saver’, ‘Classic’ and ‘Flex’.
Jet Airways has now unbundled fares in ‘Light’ and ’Deal’ categories of Fare Choices in Economy for flights within India (domestic network), as consumer surveys clearly reveal that guests want the flexibility of enjoying competitive fares with the options to buy meals.
From 25th September 2018, guests travelling in Economy and booking ‘Light’/’Deal’ fares for travel from 28th September 2018 on its flights within India, will not only be able to avail competitive low fares but have the opportunity to buy meals from a specially curated on-board menu. Guests can choose from vegetarian and non-vegetarian meals, including hot meal options on select flights and pay using their debit / credit cards. Complimentary beverage service including tea and coffee to all guests in Economy (including ‘Light’/’Deal’ fares), will continue on eligible flights.
The airline will continue to offer complimentary meals across ‘Light’/’Deal’ Fare Choices for guests who have made bookings prior to 24th September, 2018. On flights within India, all features and benefits, including complimentary meals will continue for Economy fare options viz. ‘Saver’, ‘Classic’ and ‘Flex and for all fare options in Première.
However, on our international flights, all features and benefits under First class, Première and Economy remain unchanged.
JetPrivilege members travelling across all Fare Choices, continue to enjoy the ability to earn JPMiles on all their flight activities as well as redeem their JPMiles for award flights across its extensive domestic and extended international network, along with its partners covering over 1000 destinations worldwide.
The airline also offers its state-of-the-art, free, wireless streaming in-flight entertainment on its Boeing 737 fleet across its entire domestic network and all guests will continue to enjoy its unmatched on-ground and in-flight Indian hospitality.
Commenting on the development, Raj Sivakumar, Senior Vice-President – Worldwide Sales & Distribution, Jet Airways, said, “Service philosophies and models are being reviewed and remodeled by global airlines virtually every day given that guests today - especially millennial travelers – wish to be empowered and exercise their right of choice. As India’s premier international airline, we are perceptive to these changes and endeavor to align our service framework to embrace such needs of various segments of consumers. Our first such measure was the introduction of our Fare Choices concept in 2016. Our latest initiative is a step ahead in terms of flexibility and being receptive to our guests’ preference to facilitate greater choice and convenience. We’re sure this decision will be appreciated by our guests even as we continue to evolve and adapt to changing guest needs”.
Elaborating further, Belson Coutinho, Sr. Vice President – Marketing, eCommerce & Innovations, Jet Airways said, “Consumer needs have not only evolved but have also fragmented at the same time with empowerment, choice and flexibility considered as hygiene factors. As a global airline, we constantly track trends, review guest feedback and preferences to be able to stay on top of such trends and innovate our product and service offerings. This unbundling initiative will ensure we stay relevant to guests’ needs and empower them to choose from fare options that suit them based on their travel needs”.
*All fare options and its complete features and benefits in Economy are in the table embedded within this press release.
